US Securities and Exchange Commission waits for the conclusion of the criminal procedure of the Bitcoin platform operator

The US Securities and Exchange Commission (SEC) lawsuit against the bitcoin platform Bitfunder operator Jon Montroll continued in the Southern District of New York and submitted an up-to-date status report to the court on the 20th. The parties have agreed on the financial statements submitted by Montroll and the settlement terms submitted by the SEC approval solution. The SEC staff is awaiting the conclusion of the criminal proceedings against Montroll before finally making recommendations to the committee.